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Elements of fiscal policy that move the budget toward surplus as the economy expands and toward deficit as it contracts are called ________.
A. discretionary monetary policy actions
B. automatic stabilizers of fiscal policy
C. discretionary fiscal policy actions
D. automatic stabilizers of monetary policy
Some say which we should propose an amendment to the U.S. Constitution which would need a balancing the federal budget
A coupon bond has a face value of $1,000 and maturity 5 years. The required rate of return for the bond is 5%. The bond is sold at a price of $1,000 now. Calculate the coupon rate of the bond. Year by year, calculate the current yield and the capital..
In contrast, suppose that the CPI was 140 last year and is 132 this year. What is this year’s rate of inflation? What term do economists use to describe this second outcome?
The problem of _________________ arises when an antique dealer knows more about the quality of an item than the potential buyer, and as a result the buyer with less knowledge must worry about ending up at a ________________.
A monopolistically competitive firm is operating in the short run, is operating at the optimal level of output, and is earning positive economic profits. Describe how this industry will adjust in the long run.
Compare and contrast economic development strategies based on import substitutions versus export promotion.
If a severe drought decreased labour productivity in Zambia, explain what will happen to each of the following.
You have opened your own word-processingservice. You bought a personal computer, and paid $5,000 for it.However, due to the cost changes in the computer industry, thecurrent price of an equivalent machine is $2,500.
shutdown point case average variable cost market price lt average total costnbspif the market price in the above
Consider the following model of international migration. The potential migrants originate in country 0, the source country. Worker 1 has 1 efficiency unit of skill, worker 2 has 2 efficiency units of skill, and worker 3 has 3 efficiency units of skil..
Consider the case of extremity selection, where both the most skilled and the least skilled from a source country choose to migrate. In the Roy Model, what must the graph of the return to skill on the two countries look like to generate this scenario..
787b stimulus bill approvedwashington-less than one month after president obama took office congress last night passed
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